Report predicts widespread expansion of mobile banking

05/21/2007 | Cellular-News.com (U.K.)

A new report predicts that 35% of online banking households will use mobile banking by 2010, marking a sharp increase from the 1% who use the service today. The new report from Celent goes on to predict that the service will evolve into a mobile wallet, allowing users to make contactless payments via their mobile phone.

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